Waste Management, Inc., the residential and commercial trash hauling company servicing Key West, has asked city officials for multiple substantial rate increases in the middle of its current contract that, if approved, would result in millions of dollars in unexpected and unbudgeted expenses.
Waste Management met with City Manager Greg Veliz and other city officials recently to ask for four rate increases, including one that would immediately raise the residential trash collection rate from $14.62 to $16.32 per month even though the current contract with the city does not expire until Dec. 31, 2021. That price hike totals $264,784 in unanticipated costs to the cityâs solid waste enterprise fund.